Record Backlog Supports Operational Performance of Argan: JP Morgan Upgrades Stock After Earnings, Sees 35% Upside Potential.

The energy transition and the rapid increase in data centers create a massive and structural demand for reliable electricity generation capacity in the USA. Decades of underinvestment in the aging energy infrastructure exacerbate the situation as existing grids cannot withstand the growing load. Argan is positioning itself as a specialized construction partner for large, complex gas power plants that can ensure a 24/7 energy supply. Here comes Argan (AGX) into play. Argan operates in a segment where real barriers to entry exist, as only a few...